Hitachi Maxell Ltd. Announces Management Changes, Effective April 1, 2016
March 02, 2016 at 10:00 am EST
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Hitachi Maxell Ltd. has announced that the Board of Directors resolved the new executive officers effective April 1, 2016. The company appoints Yoshiharu Katsuta, President and Representative Director of Hitachi Vehicle Energy Ltd. as Senior Vice President and Executive Officer and Osamu Onodera, Corporate Officer as Executive Officer (Procurement & SCM). The company also promoted Kenichi Yoshitake, Director, Vice President and Executive Officer as Director, Senior Vice President and Executive Officer, Kazuhiro Kaizaki, Executive Officer (Business Strategy) as Vice President and Executive Officer.
Maxell Ltd, formerly Maxell Holdings Ltd, is mainly engaged in the manufacturing and sales of energy, industrial materials and electric appliances and consumer products. The Company mainly operates through three business segments. The Energy segment manufactures and sells secondary batteries, such as coin type lithium secondary batteries, industrial lithium ion batteries and electrodes, and consumer lithium ion batteries, primary batteries such as lithium primary batteries and button batteries, and charger and battery packs. The Industrial Materials segment manufactures and sells optical components, functional materials, electroforming and precision parts, semiconductor-related embedded systems, mold and synthetic resin molded parts, adhesive tapes, radio-frequency identification (RFID) systems and Integrated Circuit (IC) cards, industrial rubber products and others. The Electric Appliance and Consumer segment manufactures and sells projectors, small electric equipments and others.